ALSN Price Prediction Next Week
Technical Analysis
Based on recent price action, ALSN has shown strong momentum with an upward trend. The stock has formed higher lows and higher highs, indicating bullish sentiment. However, the RSI recently entered oversold territory at 23.9, suggesting a potential short-term pullback.
News Impact
- Positive catalyst: ALSN announced a $1B increase to its stock buyback program, raising total buyback to $5B
- The company increased quarterly dividend by 8% to $0.27 per share
- These shareholder-friendly moves demonstrate management's confidence in business outlook
Price Prediction for Next Week Based on technical indicators and positive news sentiment:
- Support levels: $71.65, $70.05
- Resistance levels: $73.95, $75.00
- Target price range: $73.50-$75.50
Trading Recommendation BUY with entry around $72.50-$73.00
- Strong fundamentals with increased buyback program
- Oversold conditions present buying opportunity
- Positive momentum expected to continue
- Set stop loss at $70.00
Target exit price: $75.50 representing potential 3.5-4% upside from entry
ALSN Similar Chart Price Prediction
The price of ALSN is predicted to go up -0.47%, based on the high correlation periods with AZZ. The similarity of these two price pattern on the periods is 96.87%.
ALSN
AZZ
Down: -0.47%Similarity: 96.87%
ALSN Revenue Forecast
ALSN EPS Forecast
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ALSN VS S&P500
Allison leverages its strong brand to penetrate emerging markets with its fully automatic transmissions, substantially boosting sales.
Allison's work in electrified powertrains leads to a market-leading solution for fleet owners across vehicle types (on- and off-highway in addition to military), eliminating the concern around the shift to zero emissions.
Allison starts to win some business in the heavy-duty market by offering a more fuel-efficient alternative to automated manual transmissions.
ALSN Analyst's Forecast
Kyle Menges
Citigroup
Hold
2025-02-12
Price Target
$120 → $115
Upside
+13.08%
Citi analyst Kyle Menges lowered the firm's price target on Allison Transmission to $115 from $120 and keeps a Neutral rating on the shares. The firm updated the company's model post the Q4 report. Management called out raw material costs and lower volume decrementals as margin drags in 2025, the analyst tells investors in a research note. Citi views Allison's guidance as "conservative-leaning," but acknowledges downside risks to North America on-highway volumes and margins, particularly with U.S. tariffs on aluminum and steel looming.
Kyle Menges
Citigroup
Hold
2025-01-14
Price Target
$130 → $120
Upside
+2.95%
Angel Castillo
Morgan Stanley
Hold
2024-12-17
Price Target
$110 → $112
Downside
-0.33%
